India

India | News

Adani Energy forms new wholly owned subsidiary
By August 13, 2025August 13, 2025

Adani Energy Solutions Limited (AESL) has incorporated a wholly owned subsidiary named Adani Energy Solutions Step-Sixteen Limited. The new entity has an authorised and paid-up share capital of Rs 1 lakh each and is yet to commence operations. It will operate in the electric utilities sector as a transmission service provider, focusing on transmission, distribution, and supply of electricity, as well as related infrastructure services. AESL has acquired 100 per cent shareholding in the subsidiary…

Read More Adani Energy forms new wholly owned subsidiary
India | News

Karnataka shelves microgrid solar project for five villages
By August 13, 2025August 13, 2025

The Karnataka government has dropped its plan to install 500 kW microgrid solar units with battery storage in one backward village within each electricity supply company’s jurisdiction, citing financial non-viability. According to Karnataka Renewable Energy Development Limited (KREDL), which was to implement the project, the villages identified were Katenahalli in Tumakuru district (Bescom), Arji in Kodagu district (CESC), Lingapura in Chikkamagaluru district (Mescom), Jagalapete in Uttara Kannada district (Hescom), and Antavaram in Kalaburagi district (Gescom)….

Read More Karnataka shelves microgrid solar project for five villages
India | News

PFCCL seeks bids for Wagdari and Pune (East) transmission projects
By August 13, 2025August 13, 2025

PFC Consulting Limited (PFCCL), acting as the bid process coordinator appointed by the Government of Maharashtra, has invited proposals to implement two transmission schemes in the state through tariff-based competitive bidding. 1. Transmission Scheme for Establishment of 400/220 kV AIS Wagdari (Dist. Solapur) The transmission scheme involves establishing a 400/220 kV Air Insulated Substation (AIS) at Wagdari, Solapur district, with three 500 MVA transformers and associated bus reactors, line bays, and future space for an…

Read More PFCCL seeks bids for Wagdari and Pune (East) transmission projects
India | News

CERC to hold public hearing on draft power market amendment and VPPA guidelines
By August 13, 2025August 13, 2025

The Central Electricity Regulatory Commission (CERC) will hold a public hearing on 18 August 2025 to discuss the Draft Power Market (First Amendment) Regulations, 2025, and the Draft Guidelines for Virtual Power Purchase Agreements (VPPA). According to the public notice issued on 6 August 2025, the hearing will be conducted online. The session on the draft amendment to the Power Market Regulations will begin at 11:00 a.m., followed by the VPPA guidelines discussion at noon….

Read More CERC to hold public hearing on draft power market amendment and VPPA guidelines
India | News

MNRE clarifies ALMM exemption for certain government solar projects
By August 13, 2025August 13, 2025

The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of the Approved List of Models and Manufacturers (ALMM) for government solar projects. In its memorandum dated August 12, 2025, the ministry addressed queries on whether government projects under Net Metering, Behind-the-Meter, and Open Access mechanisms are exempt from using solar PV cells listed in ALMM List-II, if their bid submissions were made before the cut-off date of August 31,…

Read More MNRE clarifies ALMM exemption for certain government solar projects
India | News

ReNew Power to launch India IPO
By August 12, 2025August 12, 2025

ReNew Power is preparing to list on Indian exchanges while withdrawing its Nasdaq listing, according to sources. The company has appointed JM Financial as its domestic adviser and Goldman Sachs, along with other global banks, for the process. The clean energy company, which debuted on Nasdaq in August 2021 through a SPAC merger with Riverside Management Group’s acquisition vehicle, had been valued at $8 billion at the time. It is now working on finalising the…

Read More ReNew Power to launch India IPO
India | News

Grid-India issues draft rules for ISTS-connected ESS
By August 12, 2025August 12, 2025

Grid-India has released a draft procedure to govern scheduling, metering, accounting, deviation settlement, transmission charge waivers, and Renewable Energy Certificate mechanisms for Energy Storage Systems, including battery storage and pumped storage projects. The draft, dated August 6, 2025, seeks to create a standard operational framework for projects linked to the Interstate Transmission System. Under the proposal, Regional Load Despatch Centres will handle scheduling for charging and discharging. No ISTS losses will be applied when charging…

Read More Grid-India issues draft rules for ISTS-connected ESS
India | News

Punjab government withdraws land pooling policy
By August 12, 2025August 12, 2025

The Punjab government has withdrawn its land pooling policy dated May 14, 2025, along with all amendments, amid political opposition and a court order halting its implementation. The policy sought to acquire large tracts of agricultural land for development without conducting Social Impact Assessment or Environmental Impact Assessment studies, drawing strong criticism. In a press statement, the Principal Secretary of the Department of Housing and Urban Development said all actions taken under the policy are…

Read More Punjab government withdraws land pooling policy
India | News

Q1 and FY results: SECI, SJVN, Kalpataru Projects, Suzlon Energy
By August 12, 2025August 12, 2025

Solar Energy Corporation of India (SECI) recorded a 15% increase in net profit to Rs 501.92 crore in FY 2024-25, supported by higher revenue. Revenue from operations was Rs 15,185.10 crore, compared with Rs 13,035.07 crore in FY 2023-24. SJVN Limited reported consolidated net profit of Rs 227.8 crore for the June 2025 quarter, down 36.2% year-on-year. Revenue from operations grew 5.4% to Rs 917.5 crore, while EBITDA increased 11.2% to Rs 742.4 crore. Operating…

Read More Q1 and FY results: SECI, SJVN, Kalpataru Projects, Suzlon Energy
India | News

L&T wins Adani Power contract for 6,400 MW thermal project
By August 12, 2025August 12, 2025

Larsen & Toubro has received an order from Adani Power Limited to construct eight thermal power units, each with a capacity of 800 MW, adding a total of 6,400 MW of generation capacity. The contract, categorised by L&T as an “ultra-mega” order, is valued at over Rs 15,000 crore. It will be carried out by L&T Energy – CarbonLite Solutions, the company’s business arm for advanced power and low-carbon technologies. Work under this order includes…

Read More L&T wins Adani Power contract for 6,400 MW thermal project